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Sorry but no. No single broker on the planet is instantly liquid. At the very best daily liquid. Most currency settlements are between 1 and 3 days for DM. Yo
by Galanwe 4y ago
Sorry but no.
No single broker on the planet is instantly liquid. At the very best daily liquid.
Most currency settlements are between 1 and 3 days for DM. Your "feeling" of instantaneous transfers is just front office display, the real back office takes days.
- yebyen 4y agoIf your exchange is taking your deposits and market selling them before you have them on the market then they are front-runners and they cheated you. I don't know how else to say it, your buying power is not their buying power just because they have it on deposit and you trusted them. That's the thing we trusted them not to do, and that's how exchanges like FTX lose the trust of their customers. If you think this is just the cost of doing business, you're a fool. Crypto currencies do not take days to move from point a to point b. That is old world baggage.
- imtringued 4y agoBrokers use conventional bank accounts for your dollar or euro account balances. The eurozone has instant SEPA now. That is as fast as it gets. Faster than most cryptocurrencies.